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To analyse the odds in a betting app www.lotus365.io

Question

To analyse the odds in a betting app www.lotus365.io

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What are odds-ratios?

New players at 1win receive one of the most generous welcome bonuses in the sports betting industry. The site will add another 500% to your first deposit, up to a maximum of INR 75,000. But in order to take advantage of this money or withdraw it via the cashier, you need to meet a few wagering conditions:Make bets on any matches in the Sports and Live sections with odds not lower than 3;For each successful prediction you will receive a part of the bonus in the form of additional winnings.Also, 1win rewards bettors who like to bet in parlays. If five or more outcomes are involved in a bet, you will get 7-15% more money if the result is positive.

60% chanceLoss of 80 $40% chanceNo loss, no win I am willing to pay at most                                              $ to avoid the lottery.

90% ChanceWin of 0 $10% ChanceWin of 100 $ I am willing to pay at most                                              $ to play the lottery.

10% ChanceWin 0 $90% ChanceWin 100 $ I am willing to pay at most                                              $ to play the lottery.

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